Closed consultation Capping early exit charges for members of occupational pension schemes – Ensuring a fair and consistent approach across all defined contribution pensions

Summary

Publication of a consultation paper in relation to proposals to introduce a cap on early exit charges imposed by providers of occupational pension schemes when a member leaves the scheme early in order to access their pensions flexibly.

Documents

• Capping early exit charges for members of occupational pension schemes Adobe PDF (253 KB)
• Capping early exit charges for members of occupational pension schemes - consultee letter Microsoft Word (686 KB)

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Consultation description

This consultation is seeking views on proposals to introduce a cap on early exit charges imposed by providers of occupational pension schemes when a member leaves the scheme early in order to access their pensions flexibly. The responses to this consultation will inform legislative changes that will bring the cap into effect.

Ways to respond

Consultation closed — responses are no longer being accepted.